RioCan Living Launches Verge Condos
1.6 min read
RioCan Living has just stepped out of its comfort zone with the launch of Verge, a new mixed-use condominium development set to take centre stage at the corner of The Queensway and Islington Avenue in Etobicoke. The development will be their first project without a development partner and is expected to launch this summer.
RioCan originally acquired the site back in 2010 to add to its retail portfolio. However, they saw more significant potential for the site as demand for new and innovative condo communities continued to rise. Comprising 545 units, over 30,000 square feet of retail space, a public park and a new service road, Verge will be like no other development in the city's west end.
John Ballantyne, RioCan's Senior Vice-President of Asset Management, stated, "We're going to have integrated smart living throughout the buildings. Everything will be app-based, be it communicating with management or other residents within the building, booking amenity spaces, managing deliveries of parcels, access into the building and thermostats. The whole nine yards is going to be fully automated."
With accessibility to transit and an array of local and condo amenities, Verge offers an endless number of possibilities for its residents, visitors and the surrounding community.
Learn more about Verge.
Reference
McLean, S. (2021, July 20). RioCan Living Launches Verge Condos [web log]. https://renx.ca/riocan-living-verge-condos-first-solo-development/.
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